Working Capital Management and Corporate Financial Performance of Consumer Goods Sector in Nigeria

The study assessed the impact of working capital management on corporate financial performance consumer goods sector in Nigeria. specifically determined average collection period return assets industries Nigeria; effect cash conversion cycle Nigeria and evaluated payment Panel data spanning five years (2013-2017) was gathered for firms estimation techniques such as descriptive, correlation, fixed (cross section time specific), random other post tests used study. Findings from indicated that exerts negative insignificant profitability with coefficient estimate -.0000662(p=0.848>0.05); - .0002468 (p=0.527>0.05) significant .0016386 (p=0.049<0.05). Premise these findings, suggested manufacturing should adopt effective cost reduction strategies, measures to control labour vis-à-vis ensuring adequate supervision workers, monitor firm’s occasion employee training.